Tagged: News event

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Coverage: The biggest IPO ever

Well, it doesn’t get more exciting than this – the biggest initial public offering in the history of initial public offerings was sold tonight. Alibaba, the Chinese online retailing giant, raised billions of dollars....

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Coverage: Fed standing strong

The Federal Reserve Board is sticking with its current stimulus and interest rate policy, according to a statement released Wednesday. It cited unemployment as the main reason for the decision. Binyamin Applebaum had this...

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Coverage: Sinopec sells stake

China is looking to boost returns in its state-run businesses by selling pieces to investors. It’s a move that opens these companies up to market forces, but likely doesn’t signal a loosening of the...

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Coverage: Yahoo faces fine

Yahoo is facing a hefty daily fine if it refuses to turn over user information to the U.S. government. The company is pushing back against the National Security Agency, and it might pay the...

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Coverage: Dollar General goes hostile

Another day, another dollar – or many dollars — for investors as the battle of discount retailers continues. Dollar General said it was taking its offer for Family Dollar to shareholders. The New York...